Demand for steel in Romania will face serious challenges in 2026 Romania has low per capita steel consumption compared to the industrially developed countries of the European Union. This indicates significant potential for the local market, which has been stagnant in recent years. Even post-COVID government economic stimulus programs have not led to a surge in steel demand in 2021–2022, unlike in Poland, Italy, Germany, Turkey, and a number of other countries. The situation may deteriorate significantly in 2026. Market profile Importers are gradually taking over the Romanian steel market amid problems faced by local producers. First and foremost is the Galati steelworks, the only flat steel producer owned by the British company Liberty Steel Group. The financial difficulties of the parent company GFG Alliance led to months of downtime at the Liberty ...

The projects are expected to improve the region's industrial ecosystem   Indian steelmaker Tata Steel and the government of Jharkhand signed a letter of intent and memorandum of understanding at the World Economic Forum in Davos to invest more than 11.1 billion rupees ($1.2 billion) in cutting-edge green steel technology in the region. This was reported by The Statesman. The proposed investments include the introduction of advanced iron production technologies such as HISARNA and EASyMelt. The former allows the use of local coal and low-grade iron ore, while significantly reducing carbon emissions in combination with carbon capture systems. Following successful pilot tests in the Netherlands, Tata Steel plans to build an industrial facility with a capacity of about 1 million tons per year in Jamshedpur by 2030. EASyMelt technology, the fir...

Imports fell by 11% last year China increased its steel exports by 7.5% year-on-year in 2025 to a record 119.02 million tons, according to the China Iron and Steel Association (CISA), citing customs data. In December, Chinese metallurgists exported 11.3 million tons of steel, which is 13.2% more than in the previous month. The average price of these exports was 679.7/ton (-2.3% month-on-month). Steel imports to the country in January-December 2025 amounted to 6.06 million tons, down 11.1% year-on-year. In December, the figure was 517 thousand tons (+4.2% month-on-month). The average price of these imports was $1,810.3/t (+11% month-on-month). At the same time, China increased its ore imports by 1.8% year-on-year last year to 1.26 billion tons. These volumes have been growing for the third year in a row. In December, the figure was 119.64 million tons, w...